February 25th News
On February 25th, Shandong Fuyu Petrochemical Co., Ltd. operated its 250,000-ton phenol-ketone unit normally. The phenol price was raised by 50 yuan to 6,650 yuan per ton, with inventory at a moderate level and shipments proceeding as scheduled.
Chempricehub Analysis on Phenol, Bull-Bear Score: 1
Shandong Fuyu Petrochemical raised the phenol price by 50 yuan per ton to 6,650 yuan per ton, indicating proactive price adjustments by the company, which reflects potential strengthening in demand or reinforced cost support. Moderate inventory and scheduled shipments suggest stable supply without excessive pressure, benefiting spot market expectations. This news generally supports the spot price of phenol, with expectations of stable to slightly rising prices in the short term.